Our Guiding Principles

We strive for excellence in what we do. Our goal is the creation of sustainable value. To us, this means returning companies to profitability, a result that can sometimes only be achieved through a decisive turnaround. Although we strive for superior performance, our highest priority is that our actions produce sustainability. Sustainability is the basis for long-term growth and the key to lasting value creation.

Adding value from a manager’s perspective requires experience in leadership. Our highly skilled professionals meet seven key criteria and have proven in the field that they do:

1. Professional competence, state-of-the-art
2. Focused on objectives
3. High level of implementing power
4. Motivator, open and communicative
5. High level of identification
6. Integrity
7. Social competence

We want every client to thoroughly understand our philosophy, our approach to value management, our actions and results. If what we do ever comes as a surprise to our clients, then we have failed in this regard. A turnaround situation is full of conflicting signals and stress situations. It is our aim to prepare the client for this situation and leave no room for surprise.

In reporting our performance, we accurately state our achievements, neither hiding behind excuses for losses nor taking credit for unanticipated gains. Our fee arrangements compensate us fairly for the value we add and promote a lasting business relationship. Fee arrangements should motivate us to act solely in our clients’ best interest; they should be fair, competitive and explicit.

Our own profitability must stem from doing the above. Ally is run for the benefit of the companies we restructure and their constituencies as well as for their owners and employees. Profit without operational performance, financial window-dressing or bigness for its own sake are all explicitly rejected. Our earnings should grow if we achieve excellence in what we are doing … but only then.